diff --git a/CHANGELOG.md b/CHANGELOG.md
index e3f6236..7b5921c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,14 @@
 
 All notable changes to this project are documented in this file.
 
+## 0.0.8 (2020-09-11)
+
+This prerelease adds support for defining a `ValuesFile` in the
+`HelmChartTemplateSpec` to overwrite the default chart values with another
+values file, as supported by `>=0.0.15` of the source-controller, and a
+`--watch-all-namespaces` flag (defaults to `true`) to provide the option
+to only watch the runtime namespace of the controller for resources.
+
 ## 0.0.7 (2020-09-04)
 
 This prerelease comes with documentation fixes.
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index f4dfe4e..d824b90 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ resources:
 images:
   - name: fluxcd/helm-controller
     newName: fluxcd/helm-controller
-    newTag: v0.0.7
+    newTag: v0.0.8
diff --git a/go.mod b/go.mod
index ea8d831..2599861 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.14
 replace github.com/fluxcd/helm-controller/api => ./api
 
 require (
-	github.com/fluxcd/helm-controller/api v0.0.7
+	github.com/fluxcd/helm-controller/api v0.0.8
 	github.com/fluxcd/pkg/lockedfile v0.0.5
 	github.com/fluxcd/pkg/recorder v0.0.5
 	github.com/fluxcd/pkg/runtime v0.0.1